The 1793 Flowing Hair, Chain, AMERI. cent in the Eugene H. Gardner
Collection of U.S. Coins is the plate coin from Dr. William H.
Sheldon’s Early American Cents, later renamed Penny Whimsy.
The coin is one of 636 lots to be offered June 23 in New York by Heritage Auctions in
its sale dedicated to Gardner Collection coins.
The sale is scheduled to be held at the Ukrainian
Institute of America at the Fletcher-Sinclair Mansion, 2 E. 79th
St., in New York City.
Graded Mint State 63 brown by Professional Coin Grading Service, the Sheldon 1
cent variety is recognizable by the word "America" being
abbreviated to AMERI. on the reverse.
Gardner’s coin has appeared multiple times at auction, the first
being, according to Heritage, in William H. Strobridge’s 1873 sale of
the George Seavey Collection.
The first United States large cents struck at the Philadelphia Mint
for general circulation were 1793 Flowing Hair, Chain cents, of which
a number of varieties were produced that are attributed by Sheldon numbers.
The production of the Flowing Hair cents was executed from Feb. 27
to March 12, 1793.
The first coins produced were those bearing the abbreviated
inscription. Later strikes had AMERICA fully spelled out.
For more information, visit the Heritage Auctions website.